Property Overview
This two-storey home at 11 Gull Wing Bay in Winnipeg's Island Lakes neighbourhood presents a balanced, move-in-ready opportunity. Its key appeal lies in its above-average size and updated condition within a mature, established community.
Key Characteristics & Ideal Buyer
The home's 1,803 sqft of living space is comfortably above the Winnipeg average, offering ample room for a growing family or those who value space. A recently renovated basement adds significant functional living area. Built in 1998, it is one of the newer homes on its street, which often suggests more modern building standards and systems compared to older neighbours. The property sits on a standard city lot, though it is slightly smaller than others on Gull Wing Bay itself.
Its assessed value positions it above average for both Island Lakes and the city overall, indicating a solid, mid-range property in the market. The home last sold in late 2023, providing a clear, recent market benchmark.
This property would suit practical buyers looking for a turn-key family home in a sought-after neighbourhood without the premium for the largest lots. It’s ideal for those who prioritize interior living space and modern updates over extensive yard size. The data suggests it offers a "sweet spot" of being newer than most on its block while representing a stable, valued asset in the broader community.
Frequently Asked Questions
1. How does the lot size impact the property?
While the 5,977 sqft lot is around the Winnipeg average, it is below the average for Gull Wing Bay. This means a manageable yard with less maintenance, but potentially less private outdoor space than some direct neighbours.
2. What does the "Elite" ranking for year built mean?
This simply means that, at 28 years old (built in 1998), this is one of the newest houses on Gull Wing Bay. It doesn't imply luxury, but rather suggests potentially fewer major age-related repairs in the near term compared to older homes in the area.
3. Is the assessed value a reliable indicator of the selling price?
Not directly. The assessed value (52.60k) is for municipal tax purposes. The home's last sold price in late 2023 was between 60.50k and 63.50k, which is a much more accurate reflection of its recent market value.
4. What are the benefits of the Island Lakes neighbourhood?
Island Lakes is a mature, established area with extensive green spaces, walking paths, and water features. It's known for strong community appeal, good schools, and convenient amenities, contributing to its enduring popularity.
5. How can I find out the exact historical sale price?
The precise sale price is not published in the public record. You can request it directly from this site by providing your email; they will send the accurate figure manually, typically by the end of the same day.